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Collaboration reports healthy cash position; preliminary FY2026 budget shows status quo IGA funding
Summary
The Collaboration for Early Childhood reported a stable financial position Feb. 26 and presented a preliminary FY2026 budget that preserves the current IGA funding level, unchanged since 2017.
The Collaboration for Early Childhood presented quarterly financial statements and a preliminary fiscal year 2026 budget at its Feb. 26 meeting, telling members the organization is in a stable financial position and that the intergovernmental agreement (IGA) funding level with partners remains unchanged.
A staff fiscal designee said the collaboration has roughly seven months of cash on hand and that interest paid from October 2024 to January 2025 totaled $3,384.04. The presenter said a payment of $219,270 was processed (described as part of contract payment processing); the…
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